Multiple Choice
Assume that the MPC is 0.80. What is the multiplier?
A) .20
B) .25
C) 5
D) 8
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q22: How do permanent tax cuts shift the
Q37: When the interest rate decreases, what happens
Q118: In liquidity-preference theory, an increase in the
Q167: Which of the following is the most
Q169: Which of the following tends to make
Q170: Which of the following is an effect
Q173: Suppose the economy is in long-run equilibrium.
Q175: Which of the following do critics of
Q176: Which of the following is NOT an
Q177: Suppose the closed economy is in long-run